i think throwing in some sort of an IQ test along with the application should be mandatory. 

The property is ~75% occupied, so it wouldn't qualify for agency programs.The seller is extremely motivated and may even consider seller financing her equity.

Bottom line....nothing is "grandfathered in" usually, inspectors don't care about holding costs and there are very few cosmetic only rehabs that don't require some sort of inspection.

There will need to be some sort of established history (rental income and operating costs) in order for a lender to calculate the income.  

And growing a thicker skin if you're going to be a slumlord.On The Other Hand, this is a business and if the OP does not feel comfortable with a certain tenant - for any reason really - he needs to remove them, Especially if it is a month-to-month situation, it's awfully easy to do.On The Other Other Hand, I would examine my motives and suspicions very carefully before proceeding....

Learning new ways to stay motivated and keep moving forward is always great.

Areas with a healthy balance of supply and demand will have more motivated sellers and active buyers.Consider Price Points: Target markets where homes are priced in the sweet spot for investors, often between $100k and $300k.

In other words, that percentage will only rise (unless prices begin plunging).Existing home sales rebound, sort of.

At this point, is it worth it to get my insurance involved to help motivate the HOA to address the issue or will getting my insurance involved slow things down?

I know that the hctax website lets you look up a name or adress but won't let you browse the entire database.I am asking because I think it would be a good way to find motivated sellers I believe.